WASHINGTON (Reuters) -The U.S. Transportation Department said on Tuesday it had agreed to allow Alaska Airlines to close on its $1.9 billion acquisition of Hawaiian Airlines, after the carriers agreed to maintain key Hawaiian routes and adopt consumer protections. The Justice Department in ...
On December 3, last year, the two carriers publicly announced they had entered into a definitive merger, which could see Alaska Air Group (AAG) acquire the Honolulu-based carrier. The boards approved the terms of this agreement, and directors at both airlines and Hawaiian Holdings shareholders ...
“Today, the proposed merger of Alaska Airlines and Hawaiian Airlines cleared an important milestone. The regulatory review period for the U.S. Department of Justice has ended,” Hawaii’s governor Josh Green said. “The merger will vastly expand the number of destinations throughout North America...
ALASKA AIR, HAWAIIAN AIRLINES MERGER CLEARS DOJ HURDLE. WILL IT BENEFIT FLYERS? "We have secured binding protections that maintain critical flight services for communities, ensure smaller airlines can access the Honolulu hub airport, lower costs for families and service members, and preserve thevalue...
losses in its operations while facing enormous investments in infrastructure and aircraft going forward. It isn’t at all clear that Hawaiian can survive in its current form without the Alaska merger. It has been widely rumored that the likely alternative will be a Hawaiian Air bankruptcy filing....
Alaska Airlines has closed their acquisition of Hawaiian Airlines, although they will continue with their separate brands for a while at least. Here the pages about the merger on theHawaiian siteand theAlaska sitewith details about how the programs and perks will work during the transition. I re...
Though the JetBlue-Spirit merger was defeated,they are confidentthat things will move forward for Alaska-Hawaiian as planned. "Every case has to be judged on its own merits. We obviously wouldn't have embarked on this path if we didn't feel there was a very strong argument for this trans...
Alaska Airlines and Hawaiian Airlines may soon merge to become one of the largest air carriers in the world. Meg Godlewski Updated Dec 5, 2023 7:53 AM EST The companies expect the proposed acquisition to close in 12 to 18 months. [Courtesy: Alaska Airlines/Hawaiian Airlines] ...
Alaska Air is one step closer to acquiring Hawaiian Airlines after the U.S. Department of Justice chose not to challenge the $1 billion deal that the carriers say will create a company better able to serve travelers.
Alaska Airlines and Hawaiian Airlines have agreed with the U.S. Department of Justice to extend their proposed merger's review period to Aug. 15 from the initial scheduled date of Aug. 5, the carriers announced Tuesday. The $1.9 billion deal,announced in December 2023, has been under antit...